Time and time again I hear Bitcoin advocates claiming that it is superior based on it's technology alone.
I can think of another currency that was based on it's technology of the time and perception alone.....the U.S. dollar.
Now look at it.
It has been "hacked" to death and has been on the verge of meltdown for years.
The entire financial system based on fiat currency is on the brink of falling down a hole for that matter.
Enter Bitcoin.
You want to know the same thing Bitcoin has in common with the U.S. dollar?
It refuses to be backed by precious metals.
I think some metals dealers recognize this and wish to untie the two to some degree.
We can repeat history all over again or we can pave a new road where prosperity can be achieved on a wider scale.
But I can see why some of you can't see this.
It requires vision.
I can think of another currency that was based on it's technology of the time and perception alone.....the U.S. dollar.
Now look at it.
It has been "hacked" to death and has been on the verge of meltdown for years.
The entire financial system based on fiat currency is on the brink of falling down a hole for that matter.
Enter Bitcoin.
You want to know the same thing Bitcoin has in common with the U.S. dollar?
It refuses to be backed by precious metals.
I think some metals dealers recognize this and wish to untie the two to some degree.
We can repeat history all over again or we can pave a new road where prosperity can be achieved on a wider scale.
But I can see why some of you can't see this.
It requires vision.
Oh so now you're letting us kno your motives. Why precious metals? What if people start mining gold that they find on asteroids flying by and it crashes to $3/lb? What then?
Bitcoin is based on the amount of energy used to 'create' a coin. And comparing a USD to bitcoin is like comparing a set of stairs to an escalator. One will keep going forever until it stops working (USD 'print some more money, we're running low!') and the other will get you to one location then stop (bitcoin. 21M. That's it that's all).
To put all of your money in one investment is stupid. If you're 100% invested in bitcoin, you haven't thought it out much. Same with precious metals. Sure now they're stable, but what about the huge gold rush?
as already has been said the only way to hack bitcoin is to break SHA256, which aint gona happen, and even if it did we just star again with another method of encryption, simple 
